At a Glance
- Tasks: Support sales and finance with deal strategies and compliance in a fast-paced environment.
- Company: Join Elastic, a leading Search AI company transforming data into actionable insights.
- Benefits: Enjoy competitive pay, health coverage, flexible schedules, and generous vacation days.
- Other info: Diverse and inclusive culture with excellent career growth opportunities.
- Why this job: Make a real impact by optimising deals and driving revenue growth for a top tech firm.
- Qualifications: Bachelor’s degree in Finance and 5 years of relevant experience required.
The predicted salary is between 30000 - 50000 £ per year.
Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale — unleashing the potential of businesses and people. The Elastic Search AI Platform, used by more than 50% of the Fortune 500, brings together the precision of search and the intelligence of AI to enable everyone to accelerate the results that matter. By taking advantage of all structured and unstructured data — securing and protecting private information more effectively — Elastic’s complete, cloud-based solutions for search, security, and observability help organizations deliver on the promise of AI.
What is The Role: Deal Desk within Sales Finance provides strategic, cross-functional and comprehensive assistance to sales contracting and financial compliance, process improvements, and building scalable solutions that help our sales team and leadership make informed decisions, with a focus on streamlining global efforts across the business. We are a distributed team with coverage across all GEOs and collaborate daily with most customer focused functions in the organization (ELT, SLT, Sales, Tech Sales, Product, Legal, Finance). We also play a significant role in structuring and approving all significant transactions within Elastic, thus helping to craft all future contracts that drive our revenue growth.
What You Will Be Doing:
- Act as a business partner to Sales and Finance in developing strategies for complex deals with a focus on financial and revenue compliance.
- Execute against and maintain EMEA geographic Deal Desk support framework.
- Provide Deal Desk support for super-geo Manager.
- Enforce and manage approvals for non-standard deals and effectively collaborate across Sales, Finance, and Legal.
- Serve as a trusted adviser to sales executives and their teams on pricing, product configuration, and business terms to support sales efforts.
- Strong presence and communication with the Field.
- Ability to execute strategies and manage under supervision sales enablement, deal optimization, profitability and strategic positioning initiatives.
- Drive and execute decision reviews, approvals, and executing across competencies (quoting, legal, revenue, etc.).
- Support the global Deal Desk leadership to deliver consistent and exceptional support to our sales organization.
- Propose and execute initiatives as part of the long term strategy for the Deal Desk team and business.
- High-energy, team-first attitude: motivated to work collaboratively in a fast-paced, ever-changing environment to help our growing business.
Deal Management:
- Assess Financial and revenue risk on non-standard deals and understand and embed financial/legal compliance.
- Propose and incorporate custom terms and legal edits into order forms and contract documents.
- Coordinate and manage cross-departmental approvals outside of standard systematic workflow.
- Maintain and update repository of legal language templates for non-standard deals for specific offerings.
- Understand and enforce revenue recognition policies across all deals.
- Support RFP/RFI/Vendor Questionnaires and drive the enablement process related to such requests.
Quote to Cash:
- Create and manage systematic CRM workflows around Deal Desk sales engagement and Revenue team alerting for non-standard orders.
- Conduct due diligence and construct financial and legal requirements for changes in existing offerings and launch of new offerings.
- Identify gaps in current Deal Desk processes (both operational and systematic) and create improvements for efficiencies.
- General experience in building IT requirements and enhancements, and project management.
What You Bring:
- Bachelor’s degree in Finance or related competency.
- At least 5 years of experience in Sales Operations, Channel Operations, Deal Desk, Contract Administration or related.
- MBA preferred.
- Strong attention to detail while multitasking.
- Strong communication skills.
- Ability to work in a fast-paced, high-pressure environment.
- High proficiency in MS Office (Excel, Word, PowerPoint) and GSuite, Salesforce (CPQ a plus).
- Experience working in a SaaS or high-tech company is also a plus.
Additional Information - We Take Care of Our People: As a distributed company, diversity drives our identity. Whether you’re looking to launch a new career or grow an existing one, Elastic is the type of company where you can balance great work with great life. Your age is only a number. It doesn’t matter if you’re just out of college or your children are; we need you for what you can do. We strive to have parity of benefits across regions, and while regulations differ from place to place, we believe taking care of our people is the right thing to do.
- Competitive pay based on the work you do here and not your previous salary.
- Health coverage for you and your family in many locations.
- Ability to craft your calendar with flexible locations and schedules for many roles.
- Generous number of vacation days each year.
- Increase your impact - We match up to $2000 (or local currency equivalent) for financial donations and service.
- Up to 40 hours each year to use toward volunteer projects you love.
- Embracing parenthood with a minimum of 16 weeks of parental leave.
Different people approach problems differently. We need that. Elastic is an equal opportunity employer and is committed to creating an inclusive culture that celebrates different perspectives, experiences, and backgrounds. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, pregnancy, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other basis protected by federal, state or local law, ordinance or regulation. We welcome individuals with disabilities and strive to create an accessible and inclusive experience for all individuals. To request an accommodation during the application or the recruiting process, please email candidate_accessibility@elastic.co. We will reply to your request within 24 business hours of submission.
Deal Desk Analyst (EMEA) employer: Elasticsearch B.V.
Contact Detail:
Elasticsearch B.V. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deal Desk Analyst (EMEA)
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Elastic on LinkedIn. Ask them about their experiences and any tips they might have for landing a role in the Deal Desk team. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for the interview by understanding Elastic's products and services inside out. Familiarise yourself with their Search AI Platform and how it benefits businesses. This knowledge will help you stand out as someone who’s genuinely interested in the company and its mission.
✨Tip Number 3
Show off your problem-solving skills! Be ready to discuss past experiences where you’ve tackled complex deals or improved processes. Use specific examples that highlight your ability to work under pressure and collaborate across teams, just like the role requires.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Elastic team. Good luck!
We think you need these skills to ace Deal Desk Analyst (EMEA)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Deal Desk Analyst role. Highlight relevant experience in Sales Operations or Contract Administration, and don’t forget to showcase your attention to detail and communication skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with our mission at Elastic. Keep it concise but impactful!
Showcase Your Skills: Don’t just list your skills; demonstrate them! If you’ve got experience with CRM workflows or financial compliance, give us examples of how you’ve used these skills in past roles.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be part of our journey to unleash the potential of businesses and people!
How to prepare for a job interview at Elasticsearch B.V.
✨Know Your Numbers
As a Deal Desk Analyst, you'll need to be comfortable with financial metrics. Brush up on your understanding of revenue compliance and deal structuring. Be ready to discuss how you’ve assessed financial risks in past roles and how you can apply that knowledge at Elastic.
✨Showcase Your Communication Skills
This role requires strong communication with various teams. Prepare examples of how you've effectively collaborated with sales, finance, and legal teams in the past. Highlight your ability to simplify complex information for different audiences.
✨Demonstrate Problem-Solving Abilities
Elastic values innovative solutions. Think of specific instances where you've identified gaps in processes and proposed improvements. Be ready to discuss how you can bring that proactive mindset to the Deal Desk team.
✨Familiarise Yourself with Tools
Proficiency in tools like Salesforce and MS Office is crucial. If you have experience with CPQ or similar systems, make sure to mention it. Consider preparing a few examples of how you've used these tools to streamline operations or enhance deal management.